NCAA CFTC Sports Prediction Markets Face Urgent Shutdown Demand Over Integrity Fears

WASHINGTON, D.C. – March 2025. The National Collegiate Athletic Association (NCAA) has launched a decisive regulatory offensive, formally petitioning the U.S. Commodity Futures Trading Commission (CFTC) for an immediate suspension of all sports prediction markets. This urgent request, detailed in a confidential letter obtained by CoinDesk, centers on a stark warning: these rapidly evolving financial instruments now pose a severe and unmanaged threat to the integrity of collegiate sports, athlete welfare, and consumer safety. The move signals a major escalation in the complex battle over how speculative markets intersect with amateur athletics, potentially setting a precedent for all sports...